probably is the same old fake news regarding china moves to block / destroy / control crypto world. since china is a very big player every news (real or fake) is going to shake a lot of week hands. maybe someone is trying to manipulate the maret in order to buy chip
but you can see by yourself, the market is srong enough to mitigate this events
Topic: Why such a crash in China? - page 3. (Read 3403 times)
When I am remember correctly, there was similiar rumors some months ago but nothing happens.
The only reason to spread some fake news is to buy more cheap BTC.
The only reason to spread some fake news is to buy more cheap BTC.
Because china simply ban ico instead of regulating it and can do the same thing on other things like trading etc. It's very difficult for chinese people to hold their coins now. Just think about that if the same thing happens in your country, what would you do?
In particular, the report is saying that Chinese citizens won’t be able to use exchanges to buy bitcoins, ethers and more using Chinese yuan, and vice versa.
Cryptocurrencies aren’t banned per se, just exchanges. But do bitcoins have value in China if you can’t exchange them? That’s the main question and the reason why cryptocurrencies are crashing.
Cryptocurrencies aren’t banned per se, just exchanges. But do bitcoins have value in China if you can’t exchange them? That’s the main question and the reason why cryptocurrencies are crashing.
This is most likely one persons interpretation of china's law that crypto currencies are not allowed to be used as a currency. They're only to be used as a commodity meaning you cannot purchase items or services with them like you can in other countries. Lots of people took this as you cannot purchase currencies with money.
Some sites were saying that some chinese exchanges were already stopping the purchasing of cryptos, but not the sales. Which makes no sense, if they were going to ban one they would ban both.
The thing about China is it's an autocracy, not a democracy. Citizens have no come-back if they don't like stuff, it's not like they can throw the Communists out of govt.
That's why they panic at this type of news. It may or may not be FUD - but one day it will be real, and the Chinese who don't panic and sell will have all their stuff swiped by their govt.
The rest of the world will just carry on of course.
There is a lot of news from China about this incident, but there is nothing confirmed. The Chinese government is doing something according, and it defends itself with ridiculous reasons.
The important thing is that this is a terrible situation for the cryptocurrency market. Nearly all coins in the markets have gone down between 10 and 60 percent. The investor who invests in Altcoin looks very bad.
Gell is the Chinese government!
The important thing is that this is a terrible situation for the cryptocurrency market. Nearly all coins in the markets have gone down between 10 and 60 percent. The investor who invests in Altcoin looks very bad.
Gell is the Chinese government!
Yup. I read somewhere that the ICO ban was probably only temporary. Sorry forgot to copy the source. But with Chinese gouvernment, you're never sure...
Luckily they're a great democracy.
https://www.youtube.com/watch?v=c1HdCIW2Xtk
Luckily they're a great democracy.
https://www.youtube.com/watch?v=c1HdCIW2Xtk
A banned on the cryptocurrency exchangers platforms in China should outrightly affect altcoins and there price should dropped as people may think of losing their investment on them. Though we later had that the news of ban is a fake one but we can feel the impact of that news.
because fud and herd mentality
BTFD
BTFD
China banned the Ico's, and someone spreaded some FUD about the government is going to ban all exchangers. Even if they will try to do it, bitcoin won't give a fuck just like the honey badger
It seems that China wants some cheap coins again, same procedure as always. 
And according to cnLedger they have asked representatives from OKCoin and Huobi and they have not received any notice and they're operating normally.
And according to cnLedger they have asked representatives from OKCoin and Huobi and they have not received any notice and they're operating normally.
Instead of Banning ICO's and Exchanges in China, why don't they ban directly Bitcoin? Because they have a large number of Bitcoins with them and they want to rule the world and want secure their economic growth instead of losing their currency value.
It seems that deliberately exaggerated and twisted information about the -oby in China, related to the crypto currency. Now you do not need to make any decisions and wait for reliable information. There is a game to lower the rate of Crypto-currency to buy them cheap. We must not give in to panic.
any reason for this crash ? I think people has stop panic sell because the news china ban ICO is old
Too much FUD on china. This will be resolve soon and the price will go back to normal or back to going to the moon. Everything drops when there is bad news coming from china, but it always bounce back.
You can keep saying this until it doesn't, which, with how fast things are changing now, ( new laws, bills, regulations), won't be that long.
%% That China is going to ban all forms of cryptocurrency / cryptocurrency trading is becoming bigger and bigger everyday, They're a somewhat "communist" country afterall.
The Chinese government wants complete control over it. Once they find out they don't, & they also won't, surely something big will happen.
This whole ICO banning is just the start, or did you think that this would seriously be it? Because they haven't accomplished anything really with that ban.
I'm very afraid of the future of crypto in China.
It's not problem of china. It's problem with other people who start panic sell. It's just manipulation. So far, China only banned some selected ICOs - no $Crypto ban or exchanges shutdown.
They banned all crypto exchangers. I wonder If Chinese miners would give a fuck about it, bitcoin wouldn't for sure but hiding a big mining operation could be hard
They didn't actually ban them, it's just fake news that they will be banned: http://www.allcryptocurrencies.news/bitcoin/bitcoin-crash-of-8-september-due-to-fake-chinese-news/
It's not problem of china. It's problem with other people who start panic sell. It's just manipulation. So far, China only banned some selected ICOs - no $Crypto ban or exchanges shutdown.
They banned all crypto exchangers. I wonder If Chinese miners would give a fuck about it, bitcoin wouldn't for sure but hiding a big mining operation could be hard
It's not problem of china. It's problem with other people who start panic sell. It's just manipulation. So far, China only banned some selected ICOs - no $Crypto ban or exchanges shutdown.
It seems that China wants some cheap coins again, same procedure as always.
And according to cnLedger they have asked representatives from OKCoin and Huobi and they have not received any notice and they're operating normally.
And according to cnLedger they have asked representatives from OKCoin and Huobi and they have not received any notice and they're operating normally.
This September is probably the hottest topic is the article on China. When a country has huge hoard of BTC, then it always master the game.
Not only has the BTC that ICO or Altcoin, has been controlled by China.
I hope someday Russia or America will master the game of BTC. There are too many disadvantages when China holds an asset volume too large BTC.
Not only has the BTC that ICO or Altcoin, has been controlled by China.
I hope someday Russia or America will master the game of BTC. There are too many disadvantages when China holds an asset volume too large BTC.In particular, the report is saying that Chinese citizens won’t be able to use exchanges to buy bitcoins, ethers and more using Chinese yuan, and vice versa.
Cryptocurrencies aren’t banned per se, just exchanges. But do bitcoins have value in China if you can’t exchange them? That’s the main question and the reason why cryptocurrencies are crashing.
Cryptocurrencies aren’t banned per se, just exchanges. But do bitcoins have value in China if you can’t exchange them? That’s the main question and the reason why cryptocurrencies are crashing.
That is the main reason why we need decentralized exchanges. All those bans and regulations can suck balls then.
https://np.reddit.com/r/BitcoinMarkets/comments/6ysgiy/daily_discussion_friday_september_08_2017/dmqa5sz/
the news of China is not yet spreaded
the news of China is not yet spreaded
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